Loudermilk Kyle Justin bought GVP
December 31, 2023 · Form 4 insider transaction
Loudermilk Kyle Justin bought 1,208 shares of GSE Systems, Inc. at $2.01 per share, a transaction worth $2.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
On June 14, 2022, the Compensation Committee of the Board of Directors of the Issuer certified that the SPPC applicable to these PRs had been satisfied. Accordingly, on December 31, 2023, the SC was satisfied with respect to December 31, 2023, resulting in the vesting of 2,500 PRs and the issuance of 2,500 shares of Common Stock, of which 1,208 shares of Common Stock were withheld by the Issuer for payment of applicable taxes owed due to the vesting of the 2,500 PRs as provided by a restricted share unit agreement between the Reporting Person and the Issuer.